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Ryan VanGrack
@RVanGrack
Vice Chairman @coinbase; fmr GC Citadel Securities, SEC Senior Advisor, White House Atty | law, politics, crypto & Duke bball (not necessarily in that order)
200 Following    4.7K Followers
60M+ crypto owners. Leading financial institutions. Law enforcement. They all agree on one thing: we need clear rules and strong consumer protections. This is no longer a debate - it's a mandate. Pass the bill.
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From Wall Street giants (@BlackRock, @Fidelity, @GoldmanSachs) to law enforcement (@GLFOP) and everyday users, the consensus is clear: we need CLARITY. Thanks to @timsteno and @scarletfu for having me on @crypto to discuss the latest.
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AI vs. Crypto is a false debate. They’re two sides of the same modern infrastructure. Autonomous agents won't fill out credit card forms or wait 3 days for a wire. They need instant, open rails. If AI agents are the engine, crypto is the fuel.
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We got our answer. @BlackRock is officially on board. The world's largest asset manager joins @CharlesSchwab, @Fidelity, @GoldmanSachs in backing Clarity. Your turn, Congress.
America can lead the future of finance, or watch from the sidelines while consumers pay the price. With the midterms approaching, make your voice heard and tell your Senators why the Clarity Act matters to you.
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SWC advocates have contacted lawmakers almost 1 million times to tell them to pass CLARITY. @brian_armstrong has a message for the community that has been fighting for this legislation: your advocacy is working. CLARITY is at the one-yard line. 100 days to the midterms. Let's finish it.
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That didn’t take long. Schwab has joined Goldman Sachs and Fidelity in supporting CLARITY. When firms with tens of trillions in retail investor $$ publicly back CLARITY, Washington should listen. Momentum keeps growing. So I'll ask again, who’s next?
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NEW: 🇺🇸 $13 trillion Charles Schwab says the CLARITY ACT is a "really important fundamental catalyst" and "needs to pass" 👀
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First Goldman Sachs, now Fidelity. Wall Street’s biggest heavyweights are publicly backing CLARITY. Major financial firms recognize that a clear, comprehensive market structure benefits everyone—from retail investors to institutional capital. Who's next?
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Fidelity urges Senate passage of the CLARITY Act. The time is now for clear rules of the road that are essential to strengthening investor confidence, providing certainty for market participants, and reinforcing U.S. leadership in global digital asset markets.
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CLARITY is a pro-law enforcement bill. Don’t take my word for it—take theirs: The National Fraternal Order of Police (@GLFOP), the largest law enforcement org in America, officially endorsed it bc it will help them "protect consumers, investigate financial crimes, and coordinate with Federal partners." The decision is simple: Pass CLARITY and keep Americans safe.
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Modern finance is moving onchain. It's a question of when, not if. We're already seeing it with institutions embracing tokenization, and regulation will be the next major catalyst. No company is better positioned than @coinbase for the future of finance.
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Bipartisan compromise isn't about perfection, it's about progress over the status quo. The Clarity Act delivers an unquestioned benefit to Americans by establishing: → Clear disclosures & registration rules → Strict AML obligations → Robust consumer protections → New tools for law enforcement It’s time to take the win.
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Thank you @SenatorTimScott, @SenLummis, and @JohnBoozman - along with senators and staff on both sides of the aisle - for taking a huge step today to advance the CLARITY Act. Major legislation requires real compromise, and while the industry did not get everything it wanted, this bill is an extraordinary achievement and strikes the right balance. By bringing emerging technology under a clear federal umbrella while preserving the gold-standard protections of the U.S. financial system, this bill represents a major legislative achievement that the Senate should pass without delay.
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The government tried to secretly kill crypto in America. We sued to expose this, and we won. We'll always fight for financial freedom.
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If sunlight is the best disinfectant, today represents a solar flare. We just secured an unprecedented FOIA win against the SEC—following a similar one against the FDIC. This isn't just a win for us; it’s a win for America. Transparency and access to modern finance shouldn't be optional. Proud to be part of the team that fought to preserve both.
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The SEC deleted a full year of Gary Gensler's communications at the peak of his campaign against crypto. The FDIC tried to secretly cut off an entire lawful industry from the banking system and buried the evidence. The US government doesn't get to operate like this. Unless the American people allow them to. So @Coinbase sued, won, and exposed the details, resulting in one of the largest FOIA awards in each agency's history. More details below.
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At this point, it's not a difficult choice. Let's get Clarity done.
Thanks @andrewrsorkin and @JoeSquawk for having me on - greatly enjoyed the conversation.
Coinbase makes its case for the Clarity Act, the first major legislation to regulate crypto. The crypto and banking industries both have a lot at stake and they're battling it out, while everyone waits to hear what will be in the Senate bill. @rvangrack
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The Clarity Act represents a massive improvement over the status quo, providing clear and comprehensive rules of the road. It's a win-win-win for American investors, innovators, and standards. Thanks @squawkcnbc for having me, and shoutout to the guy in the background at the end who's clearly as excited about Clarity as we are.
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Economic freedom isn't a partisan concept. And neither is crypto. The adoption of digital assets by consumers and institutions reflects a demand for a more open, modern financial system that expands opportunity rather than preserves the status quo. If a bipartisan Congress can pass Clarity, the U.S. will sprint into a new era of transparency, consumer protection, and homegrown innovation. Enjoyed co-hosting alongside @RebeccaRettig1 on this week's @CoinDesk Podcast - The Policy Protocol.
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🎥 @SenatorHagerty says Sen. Elizabeth Warren tried to 'destroy' the GENIUS Act. One year after the landmark stablecoin law was signed, its architect looks back at the fight to get it passed, and explains why the next battle over the CLARITY Act may be even tougher. Plus, @RebeccaRettig1 is joined by @RVanGrack, Coinbase's new Vice Chairman, to break down the Kalshi-CFTC-Michigan standoff, the U.S.-U.K.'s push to align on stablecoins. They also choose their 'zero' and 'hero' of the week. 00:00 Welcome to The Policy Protocol 01:14 Coinbase's New Vice Chairman Ryan VanGrack Co-Hosts 03:06 Kalshi, Michigan Courts, and the CFTC Standoff 07:51 US-UK Joint Statement on Stablecoins 11:22 Conversation with Senator Bill Hagerty 11:54 GENIUS at One Year: Countries Copying U.S. Language Word for Word 12:41 Warren's Midnight Amendments and the Real Fight Behind the Bill 17:51 What are CLARITY's Remaining Hurdles? 19:05 Will Democrats Allow a Win? Hagerty on CLARITY's Path Forward 21:11 World Cup Picks With Senator Hagerty 24:37 Hero of the Week: Harry Jung 25:35 Zero of the Week: Sam Bankman-Fried
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If you care about customer protection, support the Clarity Act. If you care about fostering innovation and the jobs of tomorrow, support the Clarity Act. If you care about American leadership (and American standards) in finance, support the Clarity Act. If you care about none of those things, then the status quo suits you just fine. We appreciate the leadership from @financialcmte. Now it’s time for the Senate to finish the job.
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WATCH: @RepTimmons on the importance of passing the CLARITY Act: “Well, I think that it's hard to even imagine what the world's going to look like in 20 years, but in order for us to continue to be the center of the global economy and to continue to provide the American dream that people have enjoyed for 250 years, we've got to get this right. And that's the importance of passing [the] CLARITY [Act]. And we gotta then build on it. And there's other pieces of legislation that will continue to give the rules of the road to the free market to continue to innovate.” 📺⬇️
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Love this. More and more products coming to the U.S. through @coinbase.
Traded the native bitcoin futures basis via Coinbase today using nano contracts with cross margin, all onshore after all these years Felt a little magical 🇺🇸
A unanimous Senate vote against an SBF pardon proves there is zero tolerance for market fraud. But symbolism isn't enough. We need to codify that stance as a country. At its core, the Clarity Act is a consumer protection bill designed to prevent frauds like FTX. So if Congress agrees an FTX situation should never happen again, it should agree on the Clarity Act.
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⚖️ The Senate just voted unanimously: SBF should never get a pardon. "He had his day in court," said Sen. Lummis, who co-led the resolution with Sen. Gallego.
Registrants shouldn’t have to navigate between a rock and a hard place. That’s precisely why Congress granted the @CFTC exclusive jurisdiction over this space half-a-century ago.
No, seriously. In what universe is a company having to choose between violating state law and violating federal law the answer?